Bill, welcome back its been a while. Good to see you again. Thanks for having me. You look at the stocks that have taken the dow from 22 to 23k in only 76 days and its boeing, cat, home depot, goldman and i look all the way to the bottom of the list and the worst performer is general electric, a stock you say you are buying and it has become now a contrarian call because nobody seems to like it anymore why are you buying ge . Well, i guess it shouldnt be too big a surprise that a value firm like oakmark is buying something that is tremendously out of favor we think this is a very Different Company looking forward than looking back. New Ceo John Flannery is going to be very focused the return on invested capital and Capital Allocation both within the income statement and on the Balance Sheet we know theres a big earnings reset coming the stock wouldnt be trading at 23 if that werent the case. But we believe from that number this company is going to show much better than average growth,
Last half hour we would like to introduce krystal klei to you this morning. Its her first day on the air at nbc 10. You came to us from texas, you are originally from arizona. So this heat is right up your alley, but come wintertime yeah. So i feel like maybe i accidentally brought the heat and im apology for that. I will say, yes, im very used to dealing with this kind of heat, the humidity is making it rough even for myself. Thats what we have got today. The hot humid conditions, those temperatures going to feel uncomfortable as we get into the afternoon, in fact, dangerous at some points notice afternoon thanks to that feel like company. We have a first alert that will continue through tuesday. We are not just talking your weekend, we talking monday and tuesday of your next week as well due to those temperatures feeling like 100 to 105 degrees in parts of philadelphia and surrounding areas. This is what we can expect as we move forward. Storms are in the forecast, scattered chances
Im maurice dubois. Scott is off tonight. We saw tragic evidence today of the growing insurgency in afghanistan. Six American Service members were killed in the worst attack on u. S. Forces there in 2015. They were ambushed by a suicide bomber not far from their base in the north. Three americans and three afghans were wounded. Margaret brennan reports tonight from the pentagon. Reporter the American Service members were stopped at a local Meeting Point while on patrol with Afghan Forces when a suicide bomber drove a motorcycle packed with explosives into the group. The taliban took credit for the attack, which happened nearby bagram air field, the largest remaining u. S. Military base in afghanistan. The pentagon has warned that the insurgents have been grange strength since the end of the u. S. Combat mission. The taliban has seized control of the strategic Helmand Province in the south as well as getting closer to important cities. National security analyst Michael Ohanlon just retur
Province in the south as well as getting closer to important cities. National security analyst Michael Ohanlon just returned from afghanistan. The threat remains roughly constant. The insurgency is resilient, and we have 100,000 fewer combined forces on patrol across the country. Reporter so far this year 20 American Service members have been killed. There have also been two american civilian casualties, including 35yearold aid worker lisa akbari. The former u. S. Army researcher was shot in the back of the head while leaving her gym in kabul on sunday. Proved there three years ago help afghan women and children. Maurice, this violence is why president obama recently decided to reverse course and keep 9,800 u. S. Troops in afghanistan through next year. Thats to keep the taliban at bay and to ward off this new threat posed by isis. Dubois Margaret Brennan at the pentagon, thank you. Tonight, but you wouldnt know it in much of the east where temperatures soared into the 50s and 60s. Adr
Six American Service members were killed in the worst attack on u. S. Forces there in 2015. They were ambushed by a suicide bomber not far from their base in the north. Three americans and three afghans were wounded. Margaret brennan reports tonight from the pentagon. Reporter the American Service members were stopped at a local Meeting Point while on patrol with Afghan Forces when a suicide bomber drove a motorcycle packed with explosives into the group. The taliban took credit for the attack, which happened nearby bagram air field, the largest remaining u. S. Military base in afghanistan. The pentagon has warned that the insurgents have been grange strength since the end of the u. S. Combat mission. The taliban has seized control of the strategic Helmand Province in the south as well as getting closer to important cities. National security analyst Michael Ohanlon just returned from afghanistan. The threat remains roughly constant. We have 100,000 fewer combined forces on patrol acros